India's Thyrocare Technologies hits over 3-year low in volatile session

Thyrocare Technologies

24/03/2023 07:23

** Shares of Thyrocare Technologies Ltd  THYO.NS  slides as
much as 1.5% to 433.55 rupees in a volatile session, hitting
their lowest since March 13, 2020
    ** Healthcare service provider's shares open higher and rise
as much as 2.3% to 450 rupees
    ** THYO currently down 1.2%
    ** Stock trading below its 50-, 100-, and 200-day moving
simple averages since Dec. 30. 2022
    ** Relative Strength Index (RSI) below 30 at 26.17,
suggesting stock is oversold
    ** Moving Average Convergence Divergence (MACD) line falls
below signal line, indicating bearish momentum
    ** Stock on track for third consecutive session of fall, if
losses hold
    ** About 21,221 shares change hands by 12:30 p.m. IST, vs
30-day avg of 49,008 shares
    ** Stock down 28.9% so far this year, up to last close

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((Dimpal.Gulwani@thomsonreuters.com;))